In absence of liability to pay advance tax, Interest U/s. 234B not applicable

DCIT Vs. M/s Master card International Inc (ITAT Delhi)

Solitary issue raised by the Revenue is against the decision of the Ld. CIT(A) in holding that interest u/s.234B is not leviable in respect of payments to the non-resident assessee, being subject to tax deduction at source u/s. 195 of the Act. We find that the issue has

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